Fukuyama on Acemoglu/Robinson
By Arnold Kling
They are making almost the identical point to the one made in the 2009 book Violence and Social Orders by Douglass North, John Wallis, and Barry Weingast (NWW), who argue that most underdeveloped societies are what they term “limited access orders” in which a rent-seeking coalition limits access to both the political and economic system. Indeed, I see no real difference between the “extractive/inclusive” distinction in AR and the “limited/open” access distinction in NWW.
Not unlike my reaction to Fukuyama’s own book.
I think that one could write an interesting article comparing and contrasting Origins of Political Order with Violence and Social Orders by North, Weingast, and Wallis. Some ideas overlap, but there are important differences, also.
Thanks to Tyler Cowen for the pointer.